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Monday 30 June 2014 6:44 am|Updated:Thursday 06 June 2019 11:34 pmShale gas reserves in Scotland pale in comparison to England says new reportBy: Guy BentleyShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleScotland s shale gas reserves are relatively minor compared to those in the north of England, according to a new study from the British Geological Survey BGS .The Midland Valley is estimated to have just 80 trillion cubic feet of shale gas, compared to the north of England s Bowland Basin with an estimated 1,300 trillion cubic feet, [url=https://www.polene-italy.it]polene italy[/url] enough to supply Britain s power needs for the next 40 years.Furthermore, the amount of gas that would be commercially recoverable is expected to be significantly lower. The energy minister Michael Fallon said the finds would not hail a US-style energy bonanza .The BGS report also warned: the uncertainty in the Midland Valley of Scotland is compounded as there are fewer historic wells and [url=https://www.owalas.com.de]owala deutschland[/url] seismic lines to provide data . However, the report also estimated there was a further 6bn barrels of shale oil. The government has attempted to spur investment in the industry by slashing taxes on company profits from 62 per cent to 30 per cent. Waiting times for exploration permits have also been cut from 13 to two weeks.Ken Cronin, c [url=https://www.brumates.us]brumate era[/url] hief executive of UKOOG, the body representing the onshore oil and gas industry, welcomed the report, saying: This rep Fing Aetna to buy rival Humana for $37bn in a cash and shares deal
Sunday 11 July 2010 10:28 pm|Updated:Friday 31 May 2019 3:54 amFinancial companies left behind in upturnBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleSTRESS levels are mounting at financial services firms even as corporates across the board begin to recover, according to the latest monthly City A.M./Begbies Taynor health monitor for the Square Mile.While companies in Greater London showed a marked improvement in June, with 23 per cent fewer suffering from serious problems, woes continued to pile up in the business district. The number of firms struggling to finance themselves in central London rose eight per cent to 1,886. In the City itself, 1,435 businesses were on the brink of insolvency, an increase of 12 per cent.Our numbers indicate the nascent recovery is putting strain on the already-stretched balance sheets of lenders, insurers and services outfits. More than 110 financial services companies gave off signs of distress last month, up from 85 in May. Those providing support to the property sector also experienced greater difficulties. Just under 1 [url=https://www.cup-stanley.ca]stanley canada[/url] 00 corporate estate agents, architects and surveyors found themselves in trouble, up from 92 in May.Nic [url=https://www.polenes.ca]polene cyme[/url] k Hood of Begbies Traynor, said: Despite talk of better times for City businesses, it seems they are still suffering the fallout from the financial crisis. As public sector cuts begin to bite later in